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Irish goods exports in value have soared to a record €165 billion last year despite the disruption to global trade caused by the pandemic.

The full-year (Central Statistics Office) figures for 2021 show trade with the UK has been impacted by Brexit, however.

While Irish exports to Britain were up by €2 billion or 17 per cent in the 12 months to the end of December, imports of goods from Britain were down by nearly €2.4 billion or 13 per cent.

Since the UK’s departure from the EU on January 1st, 2021 firms have faced increased customs requirements.

Marks and Spencer (M&S) said last year that post-Brexit rules and “excessive paperwork” has forced it to cut about 800 lines from its stores in the Republic.

But the fall-off in imports has coincided with a significant uptick in cross-Border trade on the island of Ireland.

The Irish Times has more on the CSO figures including an exports/imports graph .  

Published in Ports & Shipping
The Marine Institute has issued a statement congratulating Mr Simon Coveney TD on his new appointment as the Minister for Agriculture, Marine and Food today (11th March 2011), during his visit on board the RV Celtic Explorer in Cork, after its return from the mission to the Labrador and Newfoundland Seas.

Seeing the capabilities of Ireland's largest research vessel and the work of the Marine Institute, Mr Simon Coveney highlighted the importance the Marine Sector has on the Irish economy. "The seas and ocean that surround the land of Ireland is arguably one of our countries greatest natural resources. Through marine research, development and sustainable management, Ireland is developing a strong reputation as an emerging centre of excellence, where we have prominent roles in many European and international marine science bodies," he said.

Ireland's national research vessels RV Celtic Explorer and RV Celtic Voyager will record 627 days at sea between the two during 2011. Their work will range from fisheries surveys to underwater mapping and from climate studies to deepwater surveys with the remotely operated submersible ROV Holland 1.

"The work conducted on the vessels continues to feed into the success in attracting EU funding to Ireland's marine science programmes that have been achieved by our strategic approach to marine science planning" explained Dr Peter Heffernan, CEO of the Marine Institute.

"The award of funding projects shows that partnerships between academics and small businesses can yield significant dividends in creating jobs, generating economic revenue and the supply of raw materials for new industries ranging from ocean energy and environmental monitoring technologies to marine-inspired pharmaceuticals and food ingredients" he further said.

Published in Marine Science

About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.